News
Insurance
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Huntington Underwriting (HUL), a structured solutions underwriting manager operating out of Labuan International Business and Financial Centre, Malaysia. 6 September 2018
Insurance
Bermuda-based Third Point Re has affirmed Daniel Malloy as its chief executive officer (CEO) and appointed former AIG chief financial Officer Sid Sankaran to its board of directors. 8 August 2019
Insurance
Asta, a third-party managing agent at Lloyd's, has appointed Paul Jardine and Bob Stevenson to the board of Asta Managing Agency as independent non-executive chairman and independent non-executive director, respectively. 25 October 2018
Alternative Risk Transfer
Fifteen years since the first insurance linked securities (ILS) were launched the market is still growing as more and more organisations choose this method as a way of transferring risk, according to a report by Swiss Re. 1 November 2011
Insurance
French reinsurer SCOR has completed a £1.2 billion longevity reinsurance deal with Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds. 11 December 2018
Insurance
London-based managing general agent (MGA) startup Agile Risk Partners and US-based insurtech OnRisk are collaborating to develop an advanced, CAD-style platform for underwriting, structuring and distributing high-value P&C risk. 19 October 2018
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) estimates losses from third quarter 2018 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2018 results of operations. 18 October 2018
Insurance
Attacks on two oil tankers in the Gulf of Oman on Thursday will force insurance underwriters to scrutinise voyages more closely with premium increases for vessels in the region a “near certainty”, an industry expert has said. 14 June 2019
Reinsurance
The 16th Singapore International Reinsurance Conference (SIRC) promises an agenda filled with top re/insurance execs from the region discussing this year’s theme: Winds of Change. 17 October 2019
Insurance
Property/casualty insurance holding company Kingstone, through its wholly-owned subsidiary Kingstone Insurance Company (KICO), has signed new reinsurance treaties with multiple carriers for the treaty year beginning July 1, 2019. 26 July 2019
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